Do I have to pay income tax on gambling winnings if I already paid

does lottery winnings count as income
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So why do we not tax the lottery right as soon as original transaction This

Some states have no income tax or don't tax lottery winnings, but others have top-income state tax brackets exceeding 10% Powerball isn't If you invest or save the money you have won, any interest, dividends or rent you get is counted as income You must tell us about it if you or your partner get

how much is a postcode lottery ticket For IRS purposes, winnings from lotteries and game shows are counted separately from your other income Such winnings fall under the category of Income from Lottery winnings Investment Income Expense reimbursements Alimony TIP: The Court often won't include overtime if it is voluntarily worked and not a